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Market/Neighbourhoods/Victoria Island

Victoria Island

Off-plan property market intelligence: 66 active developments tracked.

Overview

About Victoria Island

Victoria Island has 66 off-plan developments tracked on this platform, with 184 units on record (179 currently marked available). Verified prices average ₦3.74M per square metre across 125 unit prices. The median priced unit is ₦600M.

This summary is generated from our tracked data.

66
Tracked off-plan projects
179
Available units, of 184 tracked
₦3.74M
Avg per sqm · 125 prices
₦600M
Median unit price · 162 units
237 sqm
Average unit size · 140 units

Price per square metre is based on verified unit prices with recorded floor areas. Figures are estimates based on tracked listing data and may not reflect final transaction prices. "Available" reflects each unit's status in our records.

Prices and unit types

What is on offer

The middle half of priced units in Victoria Island cost between ₦444.36M and ₦855.9M.

Unit typeUnitsShare of unitsMedian priceAverage size
1 bedroom 27
15%
₦266.5M · 25 80 sqm · 21
2 bedroom 57
31%
₦500M · 53 160 sqm · 48
3 bedroom 48
26%
₦670.5M · 46 224 sqm · 40
4 bedroom 42
23%
₦1.1B · 31 389 sqm · 25
5+ bedroom 10
5%
₦3B · 7 862 sqm · 6

The small figure beside each price or size is how many units it is based on. Units without a recorded price or floor area are left out of that column.

Completion pipeline

When projects are expected

By stated completion year
2025 4 date passed
2026 14
2027 18
2028 9
2029 4

49 projects with a stated date; 17 with no date recorded. A year marked "date passed" means the stated completion date is behind us and the project is still listed as in progress.

By construction stage
Foundation 14Structure 14Roofing 1Exterior Finishing 1Interior Finishing 3

Latest recorded stage for each project.

Selected projects

Projects to look at in Victoria Island

All 66 developments →
Nearby markets

Victoria Island against its neighbours

MarketProjectsAvg per sqmAgainst Victoria Island
Ikoyi 97 ₦5.41M · 154 45% higher Compare →
Oniru 10 ₦2.57M · 12 31% lower
Eko Atlantic 5 ₦5.31M · 8 42% higher
Lekki Phase 1 57 ₦2.27M · 55 39% lower Compare →

The small figure beside each average is the number of verified prices behind it. Sub-markets overlap the wider area they sit inside.

Market commentary

What the numbers say

These points are calculated from tracked data and update as the data does.

Questions

Frequently asked questions

What is the average price per square metre in Victoria Island?

₦3.74M, based on 125 verified unit prices with a recorded floor area.

How many off-plan projects are tracked in Victoria Island?

66 active developments and 184 units, of which 179 are currently marked available.

What do off-plan units in Victoria Island typically cost?

The median priced unit is ₦600M, and the middle half of priced units cost between ₦444.36M and ₦855.9M (162 priced units).

What sizes and unit types are available in Victoria Island?

The most common unit type is the 2 bedroom (31% of units). Average floor area is 237 sqm across 140 units with a recorded size.

When are projects in Victoria Island due for completion?

Of 49 projects with a stated completion date, the largest groups fall in 2026 (14), 2027 (18), 2028 (9). 17 have no date recorded yet.

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More developments in Victoria Island

48 more developments in Victoria Island. Sign up to browse the full inventory, sort by price and see unit-level detail.
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